Australian shares are poised to edge lower to start the session, with investors looking towards Tuesday evening’s budget details. In addition, BHP has been rebuffed for a second time by Anglo American.
In New York, the focus is squarely on the release of producer price data late Tuesday and consumer price data late Wednesday. The two reports could help clarify the outlook for US interest rates.
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Timothy Moore writes on monetary policy, equities, commodities and currencies. He is the overnight markets editor and writes Before the Bell. Connect with Timothy on Twitter. Email Timothy at timothy.moore@afr.com
